LIGHTENING UP ON GOLD (GLD) AND SILVER (SLV)

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In view of the three day  weekend, we are concerned about short covering this afternoon and on Monday in Europe and Asia.   Our plan is to lighten up a little bit.   We will exit the tranche on GLD  from this morning entered at $182.10 right here at $182.45.       We will also exit the tranche on  silver futures (SI)  from this morning right here at $42.92, equalent in silver ETF (SLV) is $41.80.     We will maintain the rest of the short position.

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